My Dear Friend of Democracy,
Daron Acemoglu is one of three men who will get the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 2024.
His research is about why some nations prosper and others don't.
Asked by the New York Times what the main reason for prosperity is, he gave a pretty simple answer:
"Broadly speaking, the work that we have done favours democracy."
See you in Europe,
Johannes